August 01, 2007: 08:29 AM EST
LONDON -(Dow Jones)- Saudi Arabian Oil Co., the world’s biggest oil company by production and reserves, Wednesday said former Royal Dutch Shell PLC (RDSB.LN) chairman Mark Moody-Stuart and James W. Kinnear, former president and chief executive of Texaco, are joining the company’s board.
The state-run company, known as Saudi Aramco, said in a statement that Salim Al-Aydh, an Aramco senior vice president, and Peter Woicke, a managing director at the World Bank, are also taking up positions on Aramco’s 12-member board. The new board, which is chaired by Saudi Oil Minister Ali Al-Naimi, begins serving its new term Sept. 27.
Moody-Stuart, who also currently serves as chairman at U.K. mining company Anglo American PLC (AAUK), served as Shell chairman from 1998 to 2001.
Kinnear retired in 1996 as president and chief executive of Texaco, which later merged with Chevron Corp. (CVX) in 2001.
-By Spencer Swartz, Dow Jones Newswires; +44 (0)207 842 9357; spencer.swartz@ dowjones.com
(END) Dow Jones Newswires
08-01-07 0829ET
Copyright (c) 2007 Dow Jones & Company, Inc.
http://money.cnn.com/news/newsfeeds/articles/djf500/200708010829DOWJONESDJONLINE000689_FORTUNE5.htm
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
0 Comments on “Saudi Aramco Names Former Top Shell, Texaco Executives To Board”
Leave a Comment